JP Morgan Maintains Overweight on Netflix, Raises Price Target to $495
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Doug Anmuth maintains an Overweight rating on Netflix and raises the price target from $470 to $495.
July 13, 2023 | 10:30 am
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Netflix and raises the price target from $470 to $495, indicating a positive outlook for the stock.
The raised price target by JP Morgan indicates their belief in the strong performance of Netflix in the future. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100